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229 2nd Avenue SE

Cut Bank, MT 59427
  • $2,995,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 30065238
UPDATED: 46 min ago
$2,995,000
  • 0
    BEDS
  • 0.92
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1948
County:
Area:

School Ratings & Info

Description

Introducing the Springhill Apartments, where breathtaking views of the Rocky Mountain Front meet a rock-solid investment opportunity. In the heart of Cut Bank, Montana—a town where rental demand consistently outpaces supply—this 35-unit gem stands out as a premier housing choice. Springhill has been thoughtfully reimagined with a suite of comprehensive renovations. You’ll find a refreshed lobby, modern flooring, and updated laundry facilities, all secured by a top-tier camera system. Outside, the property shines with lush new sod, a vibrant playground, and inviting dog parks that make tenants feel right at home. Beyond the aesthetics, the "heavy lifting" is already done: new gas water heaters, plumbing, and electrical updates are all in place. With a dedicated Rental Compliance Manager already driving record-high collections and a doubled rent roll, this is a rare chance to step into a stabilized, low-risk property that delivers from day one. Local Area Cut Bank, Montana offers the majestic Rocky Mountains on one side and cultivated fields rolling with waves of golden wheat on the other. As part of Montana’s productive Golden Triangle, the Cut Bank community is predominately supported by agriculture although there are surrounding small gas and oil wells that boost economy as well. The town was named for the creek running just on the outskirts, the same creek that Meriwether Lewis traveled up with a group of men in the early 1800’s on their famous expedition. This area is home to many western adventures with the Rocky Mountain front staging the backdrop. Glacier National Park is a mere hour away. The coveted area nicknamed the “Crown of the Continent” for obvious reasons offers gems and views of gold in the state of Montana. With over 700 miles of trails through pristine forests, alpine meadows sprinkled with bright lovely wildflowers, rugged and tenacious mountains and spectacular sparkling lakes. Visit the historic chalets and lodges for a walk back in time or backpack, cycle, hike, or camp. While taking in the astounding sights of the glacier carved peaks and valleys, set your binoculars on a diverse range of wildlife of Big Horn Sheep, Mountain Goats, deer, Elk, Ptarmigan, and both Black and Grizzly Bear. This highway to heaven is a tough one to ever forget. Experience international travel with the Canadian border a short drive away. For the outdoor enthusiast, this area provides excellent hunting and fishing. Hunt deer, Elk, Antelope, and Big Horn Sheep or upland birds such as Pheasant, Sharptail Grouse, ducks, and geese. Rainbow Trout, Cutthroat, Grayling, Northern and Walleye Pike are the various fish that are popular catches. Fly fish, ice fish, of spin cast on the many lakes, streams, and rivers that are nearby. Area Attractions Tiber Dam-Lake Elwell Hidden away like a prize just east of Shelby, Montana lies a versatile recreational area that provides a place to make golden memories and enjoy Montana scenery and leisure. Tiber Dam-Lake Elwell boasts year-round angling for Walleye, Northern and Sauger Pike, native Trout, Ling, Perch, and others. Try out bow fishing for carp that frequently exceed 20 pounds! Along with many campgrounds and picnicking areas, there are over 178 miles of shoreline to appease swimmers and boaters alike. Five well-maintained boat ramps make it convenient and easy to get your boat in the water. Take in the spectacular windblown sandstone formations and one of the largest earthen dikes in the world over three miles long! Relish in the surrounding area’s excellent hunting for Mule and White-Tailed deer, antelope, upland game birds, waterfowl, and varmints. Birdwatching is a popular activity as well. Experience some of Montana’s best at the Tiber Dam-Lake Elwell marina! Fishing the Marias River The Marias River gently meanders for more than 60 miles through the rolling prairie before it spills into Lake Elwell. It is marked by the soft shale and sandstone bluffs that flank the river. Both cold wa

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© 2026 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2026-03-11T14:18:43.767.
www.helenahomebuyer.com/homes/173132117
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229 2nd Avenue SE Cut Bank, MT 59427

  • Price: $2,995,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 46 min ago
  • MLS #: 30065238
0
Beds
0
Baths
0
½ Baths
0.92
Acres
1948
Built
County:
Glacier
Area:
Cut Bank
Property Description
Introducing the Springhill Apartments, where breathtaking views of the Rocky Mountain Front meet a rock-solid investment opportunity. In the heart of Cut Bank, Montana—a town where rental demand consistently outpaces supply—this 35-unit gem stands out as a premier housing choice. Springhill has been thoughtfully reimagined with a suite of comprehensive renovations. You’ll find a refreshed lobby, modern flooring, and updated laundry facilities, all secured by a top-tier camera system. Outside, the property shines with lush new sod, a vibrant playground, and inviting dog parks that make tenants feel right at home. Beyond the aesthetics, the "heavy lifting" is already done: new gas water heaters, plumbing, and electrical updates are all in place. With a dedicated Rental Compliance Manager already driving record-high collections and a doubled rent roll, this is a rare chance to step into a stabilized, low-risk property that delivers from day one. Local Area Cut Bank, Montana offers the majestic Rocky Mountains on one side and cultivated fields rolling with waves of golden wheat on the other. As part of Montana’s productive Golden Triangle, the Cut Bank community is predominately supported by agriculture although there are surrounding small gas and oil wells that boost economy as well. The town was named for the creek running just on the outskirts, the same creek that Meriwether Lewis traveled up with a group of men in the early 1800’s on their famous expedition. This area is home to many western adventures with the Rocky Mountain front staging the backdrop. Glacier National Park is a mere hour away. The coveted area nicknamed the “Crown of the Continent” for obvious reasons offers gems and views of gold in the state of Montana. With over 700 miles of trails through pristine forests, alpine meadows sprinkled with bright lovely wildflowers, rugged and tenacious mountains and spectacular sparkling lakes. Visit the historic chalets and lodges for a walk back in time or backpack, cycle, hike, or camp. While taking in the astounding sights of the glacier carved peaks and valleys, set your binoculars on a diverse range of wildlife of Big Horn Sheep, Mountain Goats, deer, Elk, Ptarmigan, and both Black and Grizzly Bear. This highway to heaven is a tough one to ever forget. Experience international travel with the Canadian border a short drive away. For the outdoor enthusiast, this area provides excellent hunting and fishing. Hunt deer, Elk, Antelope, and Big Horn Sheep or upland birds such as Pheasant, Sharptail Grouse, ducks, and geese. Rainbow Trout, Cutthroat, Grayling, Northern and Walleye Pike are the various fish that are popular catches. Fly fish, ice fish, of spin cast on the many lakes, streams, and rivers that are nearby. Area Attractions Tiber Dam-Lake Elwell Hidden away like a prize just east of Shelby, Montana lies a versatile recreational area that provides a place to make golden memories and enjoy Montana scenery and leisure. Tiber Dam-Lake Elwell boasts year-round angling for Walleye, Northern and Sauger Pike, native Trout, Ling, Perch, and others. Try out bow fishing for carp that frequently exceed 20 pounds! Along with many campgrounds and picnicking areas, there are over 178 miles of shoreline to appease swimmers and boaters alike. Five well-maintained boat ramps make it convenient and easy to get your boat in the water. Take in the spectacular windblown sandstone formations and one of the largest earthen dikes in the world over three miles long! Relish in the surrounding area’s excellent hunting for Mule and White-Tailed deer, antelope, upland game birds, waterfowl, and varmints. Birdwatching is a popular activity as well. Experience some of Montana’s best at the Tiber Dam-Lake Elwell marina! Fishing the Marias River The Marias River gently meanders for more than 60 miles through the rolling prairie before it spills into Lake Elwell. It is marked by the soft shale and sandstone bluffs that flank the river. Both cold wa
Exterior Features

Carport YN No Construction Materials Brick Fencing Chain Link Foundation Details Poured Basement Garage YN No Lot Features Sprinklers In Ground Road Frontage Type City Street Roof Other View Residential Waterfront YN No

Interior Features

Basement YN No Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Building Area Total 20932 Building Features Reception Area Sign(s) Storage Property Sub Type Building Security Features Security System Fire Alarm Sewer Community / Coop Sewer Special Listing Conditions Standard Structure Type Multi Family Tax Annual Amount 14994.39 Tax Legal Description CUT BANK SECOND ADD S12 T33 N R06 W BLOCK 012 Lot 001 - 003 PART OF TRACT I TRIANGULAR TRACT KNOWN AS TRACT L TRACT J & K Tax Year 2026 Utilities Cable Connected Electricity Connected High Speed Internet Available Phone Connected Water Source Community / Coop Zoning Description 1

Listing Agent: Corrie Seaman
Listing Office: Corder and Associates LLC, Office Contact Info: 406-622-3224


© 2026 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2026-03-11T14:18:43.767.
 
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